EQH Q1 2016 Earnings Report — Equitable Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Equitable Holdings, Inc.EQH

Q1 2016 Earnings

Reported March 30, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2016	Q4 2015	Q1 2015	QoQ Change	YoY Change
Revenue	$4.1B	—	—	—	—
Op. Income	$1.3B	—	—	—	—
Gross Margin	42.1%	—	—	—	—
Net Margin	20.1%	—	—	—	—
EPS (Diluted)	$1.48	—	—	—	—
Free Cash Flow	-$104M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$4.1B
Cost of Revenue	$2.4B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$399M
Other Expenses	$0
Operating Expenses	$399M
Cost & Expenses	$2.8B
OPERATING INCOME	$1.3B
Interest Income	$54M
Interest Expense	$0
Other Income/Expenses	-$54M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$368M
Net Income from Continuing Ops	$916M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$831M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$831M
D&A	$8M
EBIT	$1.3B
EBITDA	$1.3B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$4.1B
Cost of Revenue	$2.4B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$399M
Other Expenses	$0
Operating Expenses	$399M
Cost & Expenses	$2.8B
OPERATING INCOME	$1.3B
Interest Income	$54M
Interest Expense	$0
Other Income/Expenses	-$54M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$368M
Net Income from Continuing Ops	$916M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$831M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$831M
D&A	$8M
EBIT	$1.3B
EBITDA	$1.3B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$831M
Depreciation & Amortization	$8M
Stock-Based Compensation	$11M
Deferred Income Tax	$0
Other Non-Cash Items	-$1.4B
Change in Working Capital	$486M
OPERATING CASH FLOW	-$80M
Capital Expenditure	-$24M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$1.2B
NET CASH FROM INVESTING	-$1.2B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$1.7B
NET CASH FROM FINANCING	$1.7B
FREE CASH FLOW	-$104M
Net Change in Cash	$376M

Balance Sheet

Item	Amount
Cash & Equivalents	$0
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	-$15.5B
TOTAL CURRENT ASSETS	$0
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$0
TOTAL ASSETS	$0
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$0
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	-$13.5B
TOTAL NON-CURRENT LIABILITIES	-$13.5B
TOTAL LIABILITIES	-$13.5B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$10.4B
Other Equity	$3.1B
TOTAL STOCKHOLDERS' EQUITY	$13.5B
Minority Interest	$0
TOTAL EQUITY	$13.5B
TOTAL LIABILITIES & EQUITY	$0
Total Debt	$0
Net Debt	$0